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Local Income
Tax
The foreign-funded productive enterprises
are exempt from the local income tax if they are related with the
projects of energy, communications and harbor construction and with
the projects belonging to any of the following industries:
Machinery building and electronics ;metallurgy,
chemistry and building materials ;light industry, textiles and packing
;medical apparatus & instruments and medicine production;
Agriculture, forestry, animal husbandry, cultivating & processing;
architecture
Taxation Preferential Policies
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